![]() Second, Bally’s deal would not allow its minority investors to realize the full market value of their investment. A minority investor would have no choice but to sell, even if they wanted to hold onto their investment. It did so in three ways.įirst, Bally’s would be able to force minority investors to sell their investment back to the corporation six years after the casino opened. According to Crain’s, the hedge fund-owned Bally’s Corp., based in Rhode Island, offered lesser terms to minority investors, with Bally’s agreement allowing them to diminish and potentially erase any profits that minority investors would make compared to the rest of the ownership. ![]() But that’s not how all companies bidding for the Chicago casino are apparently treating their minority investors.
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